04 Jan RoomSync Partners with EdR

RoomSync Partners with EdR to Create Online Roommate Matching

MEMPHIS, TN – January 4, 2016 – EdR (NYSE: EDR), a leader in the development, ownership, and management of collegiate housing since 1964, announced today a partnership with RoomSync to provide residents with a convenient, personal way to choose their own roommates using the power of social media. Beginning Spring 2016, the power to select a roommate will now be in the capable hands of the resident.
Through this partnership, EdR’s residents will browse potential roommates through the RoomSync app based on a variety of topics, including interests, mutual friends, and academic majors. This specially-designed tool empowers students to choose a roommate whom they feel best fits their living environment, rather than relying on the traditional process of site staff manually assigning roommates based on questionnaires. Once a resident selects a compatible roommate on RoomSync, the property’s leasing office receives a full roommate report, eliminating the paper process entirely. The matching service will be available to EdR-owned properties and a portion of third-party managed communities.
“RoomSync provides a benefit for our residents as well as our onsite management teams,” said Christine Richards, EdR’s Chief Operating Officer and Executive Vice President. “Residents can easily select their roommates based on common likes and dislikes creating a more harmonious living situation for our students.”
According to Robert Castellucci, co-founder and president of RoomSync, the app has proven to reduce room transfer requests, improve student academic outcomes, and decrease the severity of roommate conflicts.
“EdR is a leader in the student housing industry, and this is a meaningful partnership that will improve the roommate selection process for thousands of students nationwide,” said Castellucci. “Providing residents with a choice about whom they live with is a powerful customer satisfaction tool with tremendous outcomes.”

About EdR
EdR (NYSE:EDR) is one of America’s largest owners, developers, and managers of collegiate housing. EdR is a self-administered and self-managed real estate investment trust that owns or manages 81 communities with more than 42,000 beds serving 52 universities in 23 states. EdR is a member of the Russell 2000 Index and the Morgan Stanley REIT indices. For details, please visit the company’s website, www.EdRtrust.com.

About RoomSync

RoomSync provides roommate matching software to more than 150 student housing communities, on-campus housing departments, internship programs, and conferences. RoomSync empowers residents to find roommates using mutual Facebook friends, common interests, lifestyle questions, academic majors, and more. RoomSync software is available on multiple platforms using Facebook and mobile apps. The company was founded in 2007 and is based in Gainesville, Florida. For more information, please visit www.RoomSync.com.